Christmas, Kurtosis, Fat Tails, Black Swans and Risk Management
What does Christmas have to do with risk management?
What does Christmas have to do with risk management?
There's good reason to be both optimistic and cautious as we ring in the New Year. Four economic indicators, eight opinions: Are you a bull or a bear?
VANCOUVER, BC - Mineral Mountain Resources Ltd. (TSX V:MMV)
Highlights:
• 5,000 metre, Phase I drill program set to begin June 20th 2011,
• 700 level gold vein averages 0.43 oz/t gold / 16.9 inches over 447 feet (historical assays),
• Drilling designed to intersect previously untested high grade gold mineralization immediately below 700 level,
• Grab samples from wallrock in waste dump assay up to 12.8 g/t gold
[[wysiwyg_imageupload:2413:]]By Frank Holmes
Frank Holmes and the co-managers of the U.S. Global Investors Global Resources Fund (PSPFX), Evan Smith and Brian Hicks, participated in a special webcast for the Peak Advisor Alliance last week. Here are some candid portions of the Q&A:
Q. How are interest rates currently affecting commodity prices?
A. The magic number for real interest rates is 2 percent. That's when you can earn more than 2 percent on a U.S. Treasury bill after discounting for inflation. Our research has shown that commodities tend to perform well when rates fall below 2 percent.
VANCOUVER, BC - Mineral Mountain Resources Ltd. (TSX V:MMV)
Highlights:
• Cook Zone displaying remarkable continuity and predictability geologically.
• DDH GH11-49 represents the deepest intersectionin the Cook Zone to date at -330 m.
• Potential to define an economic gold resource is considered to be high.
[[wysiwyg_imageupload:2405:]]By Chris Vermeulen
Everyone knows people make mistakes when rushed to do something or if they are scared of something bad happening. We also know fear and greed is what moves the market each month, week, day and tick… So when the majority of investors are selling their shares at the same time you must recognize the psychology behind it and prepare for a low risk trading opportunity in the days that follow.